Page 3 - Indian Mutual Fund Industry

Sachin Bansal-led Navi Tech gets Sebi green signal for Rs 3,350 cr IPO

The firm provides digital-first distribution of personal loans, home loans and health insurance to customers without the need of physical infra

Distribution commission pool of mutual funds jumps 2.3x, shows data

The sharp spike in commission comes on the back of surge in the equity markets and sustained flows into equity MF schemes

Prashant Jain quits HDFC AMC: Here's how the stock looks on the charts

Shares of HDFC AMC had rallied significantly post its debut in July 2018. However, after hitting a peak at Rs 3,681 in November 2019, the stock has since then declined over 50 per cent.

Prashant Jain, MF industry's poster boy, quits HDFC AMC after 19-year stint

Jain, an alumnus of IIT Kanpur and IIM Bangalore, has been replaced by Chirag Setalvad

MF industry AUM hit 11-month low, stocks of 4 firms underperform

The mutual fund industry - which makes money managing assets - has seen zero growth in 11 months.

Mutual Fund industry largely under-penetrated in India, says Deepak Parekh

Despite high growth, India's MF AUM-to-gross domestic product ratio is a low 16 per cent, against the global average of 74 per cent, he said

Women fund manager still under-represented in Indian MF industry: Report

The latest study by Morningstar India shows that of the 399 fund managers, 32 are women, who are managing funds either as primary or secondary managers or have oversight as heads of equity or debt

Sebi may dilute certain clauses in controversial MF compensation circular

Regulator, industry gets into huddle ahead of October 1 deadline

Equity MFs see Rs 22,583-cr inflow in July; flexi cap contributes most

This was much higher than a net inflow of Rs 5,988 crore seen in June

Sebi's order to not impact existing schemes, says Franklin Templeton

The AMC allayed investors' fears

Value funds shine amid broad-based rally as 'growth' trade fizzles out

Data from MF Explorer shows that maximum return generated by value funds the past one year is 96% and average is 59%

Where beginners in mutual funds should invest in the time of Covid-19

The key is to develop an asset allocation plan and then fill each slot with an appropriate fund

Large schemes struggle to generate alpha; returns lag over 1-3 yr period

Market participants said most of the large schemes had a 'growth' tilt at a time when the 'value' theme outperformed the market over the past one year

Street signs: Rising VIX sets alarm, new aspirants for MF licence & more

The fear guage has risen 22 per cent this month and is currently at 24, a level approached only a few times in the past six months

Trust Asset Management targets Rs 10,000 crore AUM in first 2 yrs

Trust Asset Management Company is the latest to enter the already cluttered mutual fund industry

Advise investors not to take any knee-jerk action: Kotak MF's Nilesh Shah

Kotak Mahindra Mutual Fund MD Nilesh Shah says fund houses will build a consensus and then approach Sebi

MFs see assets shrink in Q1 despite record gains for market indices

The average asset base in June quarter stood at Rs 24.6 trillion, as against Rs 27 trillion in previous quarter, translating into a decline of 8.9 per cent

Share of high-fee yielding equity slips in MF industry's asset mix

Industry likely to see revenues come under pressure in new financial year

Budget 2020 on non-working day, no prospect of fresh exits for MF investors

This could put MF investors in a difficult spot if there is a sharp negative reaction from markets

What next for India's MF industry?

The industry needs to innovate for the risk-focused, liquidity-preferring, return-agnostic masses